Settlement Reached Over Illegal Michael Jackson Video Tape

3/21/2012 9:33 PM ET

The former owner of the now defunct XtraJet private jet service will cough up $2.5 million after illegally recording video and audio of conversations with Michael Jackson before his death. Michael Borer allegedly made clandestine recordings of the King of Pop during a flight when he was surrendering to authorities to face child molestation charges.

The suit was filed by two lawyers that were traveling with Jackson at the time. Attorneys Mark Geragos and Pat Harris both reached settlements with Borer after it was revealed that XtraJet had compiled video footage of them with Jackson without their knowledge or consent.

Geragos took in a reported $1.66 million while Harris reached a settlement worth $833,333. The case was originally heard by Judge Soussan G. Brugera, who awarded both Harris and Geragos multi-million dollar settlements. A mistrial was called, however, shelving Brugera's decision.

At the time, the judge said the incident was "highly offensive to a reasonable person" and called Borer "the mastermind behind a scheme to desecrate and exploit sacred attorney-client communications for personal profit."